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In the Bayshore Arts District, this investment property presents a compelling opportunity for immediate income generation and long-term appreciation in one of Naples active redevelopment corridors. With strong rental demand driven by proximity to downtown, waterfront amenities and year-round tourism, this property offers stability and upside potential. This Old Florida-style cottage features two bedrooms and two baths in a thoughtfully updated interior. Recent renovations include white cabinetry, stainless steel appliances and refreshed finishes that support tenant retention and future leasing appeal. The functional floor plan maximizes living space while maintaining the character consistent with the neighborhood’s architectural style. On a 7, 405-square-foot lot, the fully fenced yard provides private outdoor space, an attractive feature for tenants and pet owners. The generous lot size also supports long-term value, offering flexibility for future enhancements or redevelopment consistent with area growth trends. In short distance to local dining, waterfront venues and Celebration Park, the location continues to attract full-time residents and seasonal renters. Tenant occupied with established rental income in place, this property offers immediate cash flow from day one. The existing lease structure provides continuity while allowing future rental rate adjustments aligned with market appreciation. For investors seeking a performing asset in a high-demand Naples submarket, this opportunity combines income, location and long-term growth potential.
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $372,400 | $372,400 | $372,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | $334 | $334 | $334 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,230 | $2,351 | $3,092 |
| Total Monthly Payment | $2,639 | $2,760 | $3,501 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.